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Chlorine Market worth $88.6 Billion by 2017

The report "Chlor-Alkali Market, By Products (Caustic Soda/Sodium Hydroxide, Chlorine, Soda Ash/Sodium Carbonate), Applications & Geography: Global Industry Trends & Forecasts to 2017" defines and segments the global chlor-alkali market by products, with analysis and forecasting of the global volume and revenue.

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The drivers of the industry are identified as high growth in developing regions, high demand in end-user industries, and high existing production capacities of chlor-alkali products. Most of the production capacity of chlor-alkali products (Caustic Soda/Sodium Hydroxide, Chlorine, Soda Ash/Sodium Carbonate) exists in the Asian region and high growth in their demand is mainly observed in developing countries. The high production capacities in the region also give flexibility to the manufacturers to scale up the production depending upon demand trends. The restraining factors are identified as environmental concerns and energy intensive operations of the chlor-alkali industry. The issues in the market are mainly pertaining to that of a maturing industry (i.e. steady growth in mature markets such as U.S. and Europe) and environmental concerns like carbon and mercury emissions. The industry players are following strategies such as consolidation and capacity expansion to address to the demands generated by end-user industries and developing countries.

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The major players in Chlor-Alkali market are The DOW Chemical Company (U.S.), Occidental Chemical Corporation (U.S.), Bayer AG (Germany), PPG Industries (U.S.), Tata Chemicals Ltd (India), Shin-Etsu Chemical Co. Ltd (Japan), Formosa Plastics Corp. (Taiwan), Solvay Chemicals (Belgium), Ineos Chlor Ltd (U.K.), FMC Corporation (U.S.), Shangdong Haihua Group Co. Ltd (China), and Ciech S.A. (Poland).

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